Date: Sun, 12 Oct 2008 17:04:58 -0700 (PDT)
From: Mervyn Lobo <[EMAIL PROTECTED]>
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BTW, Gold is hitting record prices in currencies other than US dollars. Life is
good.
>
Mario observes:
>
"Other than US dollars???" Good one, Mervyn.
>
Doesn't this mean that the US$ is hitting record prices relative to these
"other" currencies? Aren't you the same guy who told us recently to get out of
US dollars?
>
Then your eagle-eyed Brit buddy posted this link in which REAL experts
contradict everything you have said recently about the US dollar:
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http://uk.reuters.com/article/stocksNews/idUKLNE49800O20081009
>
Just to keep things mired in reality, the Dow is up from its recent panic
driven lows, the price of crude oil is down around $85 per barrel, the price of
gasoline in the US is back down to $2.50 per gallon, and Gold is bouncing all
over the place in the mid $ 845 per oz. range, and EUR 615 per oz. range at the
moment.
>
